Banknifty last close: 41366.50 (+1.3%)
On Tuesday, Banknifty was gained more than 1%
Banknifty was opened 41230 and went to 41400 finally ended 41366
Kotakbank was major contributed to lift the bank index
Icicibank also did well
PSUBank index gained marginally
VIX settled at 11.90
As per open interest 41000PE was added more OI
CE was seen not significant OI which was indicated bulls domination
However, Banknifty is facing a intraday resistance 41480 and 41600
If stays above 41600 will try to move 41850
On other side, Banknifty considering a supports 41300, 41200 and 41050
Updated: 08.29 am / 12th April 2023
